4950 1st Avenue, FL4950 1st Avenue, FL4950 1st Avenue, FL
Stellar MLS
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$54,336

4950 1st Avenue

St Petersburg, FL 33710

Listing updated: July 5, 2026 at 3:57 PM ET

Active
Stellar MLSListing courtesy of Insta Real Estate Solutions · Michael Schultz · MLS #TB8431966 · Active · 813-586-0654
0
Baths
1,140
Sq Ft
0.11
Acres
1951
Built
$38/sqft360° tour
Restaurant

Property type

1951

Year built

5,001 sqft

Lot size

$38

Price / sq ft

No HOA

HOA dues

282

Days on market

X

Flood zone

About this home

Prime Restaurant/Café Space – Fully Renovated & Ready 2027 4950 1st Ave. N. offers an exceptional opportunity to establish a restaurant or café in one of St. Petersburg’s most dynamic and growing neighborhoods. Currently undergoing a complete renovation, this 1,430 SF space with an additional 250 SF outdoor dining area will be delivered in early 2026 as a modern, turnkey-ready property designed for food and beverage operators. Property Highlights New Construction Quality: Brand-new roof, HVAC, updated electrical and plumbing, and a fully refreshed interior and exterior. Flexible Layout: Conceptual design includes bar area, open dining, two restrooms, storage/utility space, and outdoor dining deck. Visibility & Access: Illuminated signage on 1st Ave. N. plus nine on-site parking spaces, including ADA-compliant access. Move-In Ready Shell: Delivered as a fully upgraded vanilla shell, ready for the tenant’s custom FF&E. Location Advantages Positioned at the crossroads of Central Oak Park and Live Oak, the property sits minutes from Downtown St. Pete, the Gulfport Arts District, Treasure Island, and Madeira Beach. With easy access to U.S. 19 and I-275, it benefits from both local and commuter traffic. Traffic Counts: 1st Ave N ~18,500–20,000 cars/day; Central Ave ~17,000–19,000 cars/day; U.S. 19 ~52,000 cars/day; I-275 ~150,000 cars/day. Public Transit: Adjacent to the SunRunner rapid bus line, averaging 55,000 rides monthly. Local Character: Surrounded by historic mid-century neighborhoods with strong community support for “shop and dine local” initiatives. Demographics & Market Strength Population (3-mile radius): 65,000+ Median Household Income: $68,800 Dining Out Spend: average $300–$600 a household monthly Annual Visitors: 15M+ to the Tampa Bay/St. Pete region Why Your Business Will Thrive Here This location combines strong neighborhood support, robust disposable income, and steady tourism traffic, making it an ideal site for specialty coffee shops, artisan bakeries, destination cafés, or unique dining concepts. The property’s positioning near growth hubs like the Edge District, Warehouse Arts District, Grand Central District, Downtown St. Pete, and the Beaches ensures easy access for local residents.

Estimated monthly payment

Principal & interest$275
Property taxes$273
Home insurance (est.)$25

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history282 days on market

  1. Status: Active
    Sep 26, 2025
  2. Listed$54,340
    Sep 26, 2025
  3. Price reduced$54,336

Facts & features

Property type
Commercial Lease
Sub type
Restaurant
Status
Active
Days on market
282
Subdivision
Allen Park Sec A
County
Pinellas
Year built
1951
Living area
1,140 sq ft
Price/sq ft
$38
Building area
1,822 sq ft (Owner)
Lot size
5,001 sq ft
Lot category
0 to less than 1/4
Flood zone
X (12103C0214H)
Annual taxes
$3,270 (2024)
Parcel #
21-31-16-00450-001-0080
MLS #
TB8431966

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Interior Details

Direction faces
North

Heating & Cooling

Cooling
Central Air

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0

Exterior & Construction

Construction materials
Asbestos
Foundation
Crawlspace, Pillar/Post/Pier
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Public

Listing Details

Listing date
2025-09-25
On market date
2025-09-26
Original list price
$54,340
MLS area
33710 - St Pete/Crossroads
Listing AOR
Suncoast Tampa
Status changed
2025-09-26
Tax legal description
ALLEN PARK SEC A BLK 1, LOT 8

Flood risk

Minimal riskFEMA Zone XPanel 12103C0214H

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Take 49th St. to 1st Ave N and head West. It is the first building on the left at the corner of 50th St.

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Based on information submitted to the MLS GRID as of July 5, 2026 at 3:57 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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